Tesla introduced the concept of Gigafactories, wherein they set up gigantic factories for manufacturing the batteries for their cars in order to reduce their cost.
The most expensive Model X, around $99,900
Model S at $90,000
Model Y at $55,000
Model 3, the most sold Tesla car, it’s also the cheapest Tesla car, at $42,000.
Tesla Research & Development expenses is almost thrice than that of the other car companies.
Presently, there are 6 Gigafactories worldwide, 4 of them are functional and 2 under construction.